A man has been arrested as part of investigations into a coordinated fraud syndicate operating on the state's Central Coast.
In May, detectives from the State Crime Command's Financial Crimes Squad and Brisbane Water Police District established Strike Force Forth to investigate the acquisition and use of fraudulent credit cards across the Central Coast.
As part of the investigation, detectives were also conducting inquiries into a break-in at a car dealership at Kariong on 24 March 2019, which was suspected to be linked to the fraud syndicate.
During the break-in, three Holden Commodores were stolen by three unknown persons.
Following extensive inquiries, strike force detectives arrested a 45-year-old man during a vehicle stop at Woy Woy about 8am today (Tuesday 27 August 2019).
During a subsequent search of the man's vehicle, police located and seized $10,000 cash.
Shortly after the arrest, investigators executed a search warrant at a nearby home, which is continuing.
The man has been taken to Gosford Police Station, where he will be charged.
Investigations are continuing.
Anyone with information that may assist Strike Force Forth detectives is urged to contact Crime Stoppers: 1800 333 000 or https://nsw.crimestoppers.com.au. Information is treated in strict confidence.
